Overview

Every large organisation overpays its suppliers and the tax authorities on a daily basis. We estimate that for every £1billion spent per year, at least £1million is lost. That's the bad news.

The good news is that this money does not have to be lost for long. On your behalf Caatalyst can identify and recover these items for you and our work is carried out on a contingency fee basis. We are paid a percentage of the total recovered; if we find us nothing you pay us nothing. See our Pricing page for further information.

Clients include: E.ON UK, BMI General Healthcare Group, Centrica PLC, Virgin Atlantic Airways, Vue Cinemas, AMEC PLC, Saga/AA, Woodrow Wimpey PLC, Royal Mail Group, Daimler UK, Volvo UK, JD Wetherspoon PLC, Odeon Cinemas, Virgin Active, Magnet, LB Harrow Council, LB Greenwich Council, Kuoni Travel, Wyevale Garden Centres, Millenium & Copthorne Hotels and British Alcan Aluminium.

We only review historic periods so our work does not overlap with that of your finance team.

See Our Services for the kind of items we recover.

Just as important as finding the money is the way that this process is carried out. At Caatalyst we understand the importance of your finance team and your suppliers. All of these stakeholders are treated professionally and with courtesy. Its one of the reasons that our Client's keep coming back to us; see what they have to say on our Client Response page.

A poorly run audit can be costly in terms of staff morale. We work with your finance team at the start, during and at the end of the audit to ensure that they feel part of the process and positive lessons can be learnt. See Improved Performance to see how we can help you to obtain long-term efficiencies from a Caatalyst audit.

At the same time we realise that our audit should not be a distraction. Unlike many audit firms we work predominantly offsite at our own offices and will only be at your offices when it is convenient for you and for the shortest time possible (see Why Caatalyst?.)

It is equally important that your supplier relationships are maintained throughout the process. Whilst adopting a forensic and persistent approach to possible recoveries we always treat your suppliers with friendliness and professionalism. We understand that we act as ambassadors for your brand and business.

Our audit is driven by sophisticated in-house software (DATAmine TM) which analyses a copy of your historic data for possible supplier and tax overpayments. In addition our audit team undertake a thorough review of all current supplier generated documentation to highlight items that may not appear in your data set.

Our spend analysis reports provided free with the audit can help you gain insight into your supplier spend and enable better focus on making the best buying decisions (see Spend Analysis).

At the end of the audit (and as part of our fee) we will help you understand the reasons for the items recovered and then help you reduce these in the future via our unique feedback programme.

In addition, we can also help you establish in-house profit recovery systems to highlight possible errors before they are actually paid (see Automated Recovery section).

Thanks for visiting our website and for any further information or to arrange a full presentation, please contact us.